Tom Gayner – Markel Group Inc

Period:
Q1 2026
Portfolio date:
Mar 31, 2026
No. of stocks:
126
Portfolio value:
$11,938,877,000
Filed:
May 1, 2026
Style:
Insurance / Compounder
HistStockActivityShare change% change to portfolio
Q4 2025filed Feb 6, 261 new35 added71 reduced2 exited
≡BRK.B – BERKSHIRE HATHAWAY INC DELAdd 158.00%676,9492.68
≡ADI – ANALOG DEVICES INCAdd 9111.00%1,002,2452.17
≡LOW – LOWES COS INCAdd 989.00%610,9841.17
≡BRK.B – BERKSHIRE HATHAWAY INC DELAdd 13.00%660.34
≡ACN – ACCENTURE PLC IRELANDAdd 15939800.00%159,3980.34
≡RTX – RTX CORPORATIONAdd 210.00%114,8000.17
≡NVO – NOVO-NORDISK A SAdd 43.00%501,1250.15
≡ODFL – OLD DOMINION FREIGHT LINE INAdd 18.00%62,9000.12
≡TGT – TARGET CORPAdd 1573.00%118,0000.09
≡BAM – BROOKFIELD ASSET MANAGMT LTDAdd 30.00%283,0470.08
≡TMO – THERMO FISHER SCIENTIFIC INCAdd 13.00%7,0000.07
≡MAR – MARRIOTT INTL INC NEWAdd 23.00%16,5000.07
≡CSX – CSX CORPAdd 54.00%155,0000.05
≡BN – BROOKFIELD CORPAdd 50.00%2,771,800−0.04
≡HCA – HCA HEALTHCARE INCAdd 7.00%5,4670.04
≡ABNB – AIRBNB INCAdd 6.00%13,1560.04
≡FNV – FRANCO NEV CORPAdd 13.00%78,0000.03
≡XOM – EXXON MOBIL CORPAdd 1167.00%35,0000.03
≡CME – CME GROUP INCAdd 43.00%13,7500.03
≡CBOE – CBOE GLOBAL MKTS INCAdd 46.00%13,2500.03
≡AMAT – APPLIED MATLS INCAdd 30.00%7,8500.03
≡CCK – CROWN HLDGS INCAdd 12.00%22,5000.03
≡FERG – FERGUSON ENTERPRISES INCAdd 11.00%16,5000.02
≡HII – HUNTINGTON INGALLS INDS INCAdd 24.00%5,0000.02
≡ICE – INTERCONTINENTAL EXCHANGE INAdd 271.00%15,2500.02
≡UNP – UNION PAC CORPAdd 13.00%14,5000.02
≡LAMR – LAMAR ADVERTISING CO NEWAdd 9.00%15,0000.02
≡CNI – CANADIAN NATL RY COAdd 78.00%19,5000.02
≡HSY – HERSHEY COAdd 24.00%13,0000.02
≡BC – BRUNSWICK CORPAdd 43.00%14,2500.01
≡CP – CANADIAN PACIFIC KANSAS CITYAdd 63.00%19,5000.01
≡NSC – NORFOLK SOUTHN CORPAdd 7.00%17,0000.01
≡UBER – UBER TECHNOLOGIES INCAdd 13.00%16,500−0.01
≡BRO – BROWN & BROWN INCBuy11,0000.01
≡NSP – INSPERITY INCAdd 16.00%21,145−0.01
≡APD – AIR PRODS & CHEMS INCAdd 10.00%6,500−0.00
Q3 2025filed Oct 31, 25208 new
≡GOOG – ALPHABET INCBuy2,452,6304.85
≡BRK.B – BERKSHIRE HATHAWAY INC DELBuy1,104,4604.51
≡BRK.B – BERKSHIRE HATHAWAY INC DELBuy5903.61
≡AMZN – AMAZON COM INCBuy1,882,3283.35
≡DE – DEERE & COBuy877,9003.26
≡BRK.B – BERKSHIRE HATHAWAY INC DELBuy5243.21
≡BN – BROOKFIELD CORPBuy5,543,6033.09
≡V – VISA INCBuy923,1352.56
≡AAPL – APPLE INCBuy1,179,0902.44
≡ADI – ANALOG DEVICES INCBuy1,156,6712.31
≡GS – GOLDMAN SACHS GROUP INCBuy335,7102.17
≡MSFT – MICROSOFT CORPBuy508,4612.14
≡HD – HOME DEPOT INCBuy643,0942.11
≡BLK – BLACKROCK INCBuy208,2001.97
≡BN – BROOKFIELD CORPBuy3,172,1381.77
≡BRK.B – BERKSHIRE HATHAWAY INC DELBuy427,5111.74
≡WSO – WATSCO INCBuy523,5691.72
≡BX – BLACKSTONE INCBuy1,194,5001.66
≡META – META PLATFORMS INCBuy258,6711.54
≡KKR – KKR & CO INCBuy1,433,8001.51
≡LPLA – LPL FINL HLDGS INCBuy551,0321.49
≡DIS – DISNEY WALT COBuy1,577,4281.47
≡PGR – PROGRESSIVE CORPBuy693,7501.39
≡LOW – LOWES COS INCBuy664,9821.36
≡AXP – AMERICAN EXPRESS COBuy474,2501.28
≡CAT – CATERPILLAR INCBuy318,6491.23
≡MRSH – MARSH & MCLENNAN COS INCBuy734,5001.20
≡RLI – RLI CORPBuy2,201,5941.17
≡FNV – FRANCO NEV CORPBuy605,5001.10
≡TXN – TEXAS INSTRS INCBuy723,9991.08
≡APO – APOLLO GLOBAL MGMT INCBuy990,0001.07
≡GOOGL – ALPHABET INCBuy500,0000.99
≡GD – GENERAL DYNAMICS CORPBuy347,0000.96
≡SCHW – SCHWAB CHARLES CORPBuy1,235,8000.96
≡HD – HOME DEPOT INCBuy276,9060.91
≡JNJ – JOHNSON & JOHNSONBuy584,0850.88
≡MA – MASTERCARD INCORPORATEDBuy187,5560.87
≡NVR – NVR INCBuy11,7220.76
≡HEI – HEICO CORP NEWBuy367,4420.76
≡MCO – MOODYS CORPBuy192,7940.75
≡DG – DOLLAR GEN CORP NEWBuy865,7500.73
≡LIN – LINDE PLCBuy185,4500.71
≡ROL – ROLLINS INCBuy1,413,3000.67
≡ITW – ILLINOIS TOOL WKS INCBuy310,6490.66
≡MSCI – MSCI INCBuy141,8500.65
≡CG – CARLYLE GROUP INCBuy1,282,5000.65
≡ADM – ARCHER DANIELS MIDLAND COBuy1,335,0730.65
≡JPM – JPMORGAN CHASE & CO.Buy252,5500.65
≡DEO – DIAGEO PLCBuy781,3940.61
≡SPGI – S&P GLOBAL INCBuy149,6900.59
≡GOOG – ALPHABET INCBuy297,2300.59
≡BAM – BROOKFIELD ASSET MANAGMT LTDBuy1,238,5000.57
≡ECL – ECOLAB INCBuy251,3000.56
≡NSC – NORFOLK SOUTHN CORPBuy227,5000.55
≡NVO – NOVO-NORDISK A SBuy1,191,8400.54
≡NVO – NOVO-NORDISK A SBuy1,176,8090.53
≡ITIC – INVESTORS TITLE CO NCBuy213,3000.46
≡DEO – DIAGEO PLCBuy585,3140.45
≡BAM – BROOKFIELD ASSET MANAGMT LTDBuy955,4530.44
≡DIS – DISNEY WALT COBuy454,2370.42
≡ROK – ROCKWELL AUTOMATION INCBuy147,0000.42
≡THG – HANOVER INS GROUP INCBuy275,0000.41
≡ODFL – OLD DOMINION FREIGHT LINE INBuy352,7500.40
≡SBUX – STARBUCKS CORPBuy583,3180.40
≡FDX – FEDEX CORPBuy209,0000.40
≡AON – AON PLCBuy128,3000.37
≡TSN – TYSON FOODS INCBuy838,5000.37
≡ACN – ACCENTURE PLC IRELANDBuy159,3990.32
≡VRSK – VERISK ANALYTICS INCBuy153,4500.31
≡HGTY – HAGERTY INCBuy3,108,0000.30
≡COST – COSTCO WHSL CORP NEWBuy39,1500.29
≡YUM – YUM BRANDS INCBuy226,4510.28
≡ALL – ALLSTATE CORPBuy154,5500.27
≡FERG – FERGUSON ENTERPRISES INCBuy147,0000.27
≡SHW – SHERWIN WILLIAMS COBuy94,1720.26
≡AMZN – AMAZON COM INCBuy148,4320.26
≡HCA – HCA HEALTHCARE INCBuy75,2130.26
≡LMT – LOCKHEED MARTIN CORPBuy62,2630.25
≡URI – UNITED RENTALS INCBuy31,1500.24
≡TROW – PRICE T ROWE GROUP INCBuy282,0000.23
≡RTX – RTX CORPORATIONBuy169,4000.23
≡NKE – NIKE INCBuy401,4000.23
≡ABNB – AIRBNB INCBuy227,1330.22
≡UNP – UNION PAC CORPBuy115,6780.22
≡TMO – THERMO FISHER SCIENTIFIC INCBuy55,8000.22
≡FDS – FACTSET RESH SYS INCBuy93,7200.22
≡CMCSA – COMCAST CORP NEWBuy828,7800.21
≡V – VISA INCBuy76,1500.21
≡LAMR – LAMAR ADVERTISING CO NEWBuy170,0000.17
≡MAR – MARRIOTT INTL INC NEWBuy73,2500.15
≡GS – GOLDMAN SACHS GROUP INCBuy23,6500.15
≡EFX – EQUIFAX INCBuy72,8500.15
≡PM – PHILIP MORRIS INTL INCBuy114,5000.15
≡BF-A – BROWN FORMAN CORPBuy678,4000.15
≡SPOT – SPOTIFY TECHNOLOGY S ABuy25,9000.15
≡CCK – CROWN HLDGS INCBuy186,5000.15
≡COF – CAPITAL ONE FINL CORPBuy83,5000.14
≡APD – AIR PRODS & CHEMS INCBuy65,0000.14
≡GOOGL – ALPHABET INCBuy72,0000.14
≡RNR – RENAISSANCERE HLDGS LTDBuy67,0000.14
≡WSO – WATSCO INCBuy41,6000.14
≡META – META PLATFORMS INCBuy21,6100.13
≡LOW – LOWES COS INCBuy61,7480.13
≡SHOP – SHOPIFY INCBuy102,7500.12
≡GD – GENERAL DYNAMICS CORPBuy44,0000.12
≡PGR – PROGRESSIVE CORPBuy60,0000.12
≡WFC – WELLS FARGO CO NEWBuy172,4500.12
≡CSCO – CISCO SYS INCBuy207,5000.12
≡BLK – BLACKROCK INCBuy12,0000.11
≡PEP – PEPSICO INCBuy96,2100.11
≡BK – BANK NEW YORK MELLON CORPBuy121,5000.11
≡RLI – RLI CORPBuy192,9500.10
≡CHH – CHOICE HOTELS INTL INCBuy115,5000.10
≡SCHW – SCHWAB CHARLES CORPBuy129,0000.10
≡AAPL – APPLE INCBuy48,2000.10
≡MSFT – MICROSOFT CORPBuy23,6190.10
≡UBER – UBER TECHNOLOGIES INCBuy123,5000.10
≡MA – MASTERCARD INCORPORATEDBuy19,9840.09
≡TGT – TARGET CORPBuy125,5000.09
≡CARR – CARRIER GLOBAL CORPORATIONBuy180,4000.09
≡FIX – COMFORT SYS USA INCBuy13,0000.09
≡ADM – ARCHER DANIELS MIDLAND COBuy170,7270.08
≡HSY – HERSHEY COBuy54,5000.08
≡PAYX – PAYCHEX INCBuy80,0000.08
≡CSCO – CISCO SYS INCBuy148,0000.08
≡CSX – CSX CORPBuy285,0000.08
≡MCO – MOODYS CORPBuy21,0960.08
≡SEIC – SEI INVTS COBuy114,2000.08
≡SONY – SONY GROUP CORPBuy335,0000.08
≡HXL – HEXCEL CORP NEWBuy151,0000.08
≡UNH – UNITEDHEALTH GROUP INCBuy26,5000.07
≡RTX – RTX CORPORATIONBuy54,6000.07
≡SMG – SCOTTS MIRACLE-GRO COBuy159,0000.07
≡IQV – IQVIA HLDGS INCBuy46,9000.07
≡BF-A – BROWN FORMAN CORPBuy328,7870.07
≡PAYX – PAYCHEX INCBuy70,0000.07
≡NSC – NORFOLK SOUTHN CORPBuy29,0000.07
≡CME – CME GROUP INCBuy32,0000.07
≡TRU – TRANSUNIONBuy98,0500.07
≡OTIS – OTIS WORLDWIDE CORPBuy87,3200.06
≡CBOE – CBOE GLOBAL MKTS INCBuy28,5000.06
≡FDS – FACTSET RESH SYS INCBuy23,0000.05
≡NSP – INSPERITY INCBuy131,7280.05
≡ECL – ECOLAB INCBuy23,0000.05
≡GHC – GRAHAM HLDGS COBuy5,2000.05
≡HII – HUNTINGTON INGALLS INDS INCBuy20,5000.05
≡BX – BLACKSTONE INCBuy34,5000.05
≡KMX – CARMAX INCBuy129,5000.05
≡AMAT – APPLIED MATLS INCBuy26,2500.04
≡SEIC – SEI INVTS COBuy59,0000.04
≡JNJ – JOHNSON & JOHNSONBuy26,7150.04
≡ADBE – ADOBE INCBuy14,0000.04
≡CAT – CATERPILLAR INCBuy10,0010.04
≡WRB – BERKLEY W R CORPBuy60,7500.04
≡EMN – EASTMAN CHEM COBuy70,9500.04
≡BF-A – BROWN FORMAN CORPBuy164,6000.04
≡ITW – ILLINOIS TOOL WKS INCBuy16,8510.04
≡CMCSA – COMCAST CORP NEWBuy133,1000.03
≡MRSH – MARSH & MCLENNAN COS INCBuy20,5000.03
≡BF-A – BROWN FORMAN CORPBuy145,4000.03
≡ROL – ROLLINS INCBuy62,4750.03
≡LIN – LINDE PLCBuy7,4000.03
≡EXP – EAGLE MATLS INCBuy14,7500.03
≡SBUX – STARBUCKS CORPBuy40,5000.03
≡AYI – ACUITY INCBuy9,7500.03
≡AXP – AMERICAN EXPRESS COBuy10,0000.03
≡TROW – PRICE T ROWE GROUP INCBuy32,0000.03
≡CARR – CARRIER GLOBAL CORPORATIONBuy54,6000.03
≡NKE – NIKE INCBuy46,0000.03
≡HEI – HEICO CORP NEWBuy12,2020.03
≡MGM – MGM RESORTS INTERNATIONALBuy87,5000.02
≡APO – APOLLO GLOBAL MGMT INCBuy22,5000.02
≡CG – CARLYLE GROUP INCBuy44,5000.02
≡ROK – ROCKWELL AUTOMATION INCBuy7,9000.02
≡ADI – ANALOG DEVICES INCBuy11,0000.02
≡WFC – WELLS FARGO CO NEWBuy32,0000.02
≡UNP – UNION PAC CORPBuy11,1000.02
≡SYY – SYSCO CORPBuy30,5000.02
≡OTIS – OTIS WORLDWIDE CORPBuy27,3000.02
≡HXL – HEXCEL CORP NEWBuy38,0000.02
≡DPZ – DOMINOS PIZZA INCBuy5,5000.02
≡CNI – CANADIAN NATL RY COBuy25,0000.02
≡KKR – KKR & CO INCBuy18,0000.02
≡CP – CANADIAN PACIFIC KANSAS CITYBuy31,0000.02
≡BC – BRUNSWICK CORPBuy33,5000.02
≡COF – CAPITAL ONE FINL CORPBuy7,5000.01
≡NVR – NVR INCBuy1750.01
≡THG – HANOVER INS GROUP INCBuy6,0000.01
≡ICE – INTERCONTINENTAL EXCHANGE INBuy5,6200.01
≡FDX – FEDEX CORPBuy4,0000.01
≡ODFL – OLD DOMINION FREIGHT LINE INBuy6,0000.01
≡LPLA – LPL FINL HLDGS INCBuy2,2890.01
≡RNR – RENAISSANCERE HLDGS LTDBuy3,0000.01
≡TGT – TARGET CORPBuy7,5000.01
≡VRSK – VERISK ANALYTICS INCBuy2,5000.01
≡MSCI – MSCI INCBuy1,0000.00
≡TSN – TYSON FOODS INCBuy10,0000.00
≡AON – AON PLCBuy1,5000.00
≡SMG – SCOTTS MIRACLE-GRO COBuy9,0000.00
≡SPGI – S&P GLOBAL INCBuy1,0000.00
≡DG – DOLLAR GEN CORP NEWBuy3,5000.00
≡XOM – EXXON MOBIL CORPBuy3,0000.00
≡KMX – CARMAX INCBuy7,0000.00
≡CCK – CROWN HLDGS INCBuy3,0000.00
≡EMN – EASTMAN CHEM COBuy4,0000.00
≡TRU – TRANSUNIONBuy3,0000.00
≡ACN – ACCENTURE PLC IRELANDBuy10.00
≡TXN – TEXAS INSTRS INCBuy10.00
Q2 2024filed Aug 2, 241 new20 added60 reduced41 exited
≡AAPL – APPLE INCAdd 2346.00%1,130,8903.00
≡BRK-B – BERKSHIRE HATHAWAY INC DELAdd 13.00%661.21
≡NVO – NOVO-NORDISK A SAdd 24.00%233,6800.90
≡LPLA – LPL FINL HLDGS INCAdd 6.00%27,5000.49
≡FNV – FRANCO NEV CORPBuy245,0000.36
≡ODFL – OLD DOMINION FREIGHT LINE INAdd 45.00%84,5000.19
≡FDX – FEDEX CORPAdd 8.00%13,0000.19
≡BAM – BROOKFIELD ASSET MANAGMT LTDAdd 30.00%283,0470.19
≡LIN – LINDE PLCAdd 10.00%12,0000.17
≡APD – AIR PRODS & CHEMS INCAdd 153.00%23,0000.09
≡THG – HANOVER INS GROUP INCAdd 6.00%13,0000.07
≡CHH – CHOICE HOTELS INTL INCAdd 31.00%26,0000.06
≡LAMR – LAMAR ADVERTISING CO NEWAdd 22.00%17,0000.05
≡FERG – FERGUSON PLC NEWAdd 23.00%13,0000.05
≡MAR – MARRIOTT INTL INC NEWAdd 144.00%13,0000.04
≡NSP – INSPERITY INCAdd 213.00%36,0300.04
≡GPK – GRAPHIC PACKAGING HLDG COAdd 39.00%93,9010.04
≡CABO – CABLE ONE INCAdd 12.00%5,7000.04
≡HSY – HERSHEY COAdd 126.00%12,0000.03
≡KMX – CARMAX INCAdd 11.00%13,0000.02
≡OI – O-I GLASS INCAdd 25.00%135,0000.00
Q1 2024filed May 3, 245 new27 added83 reduced1 exited
≡AMZN – AMAZON COM INCAdd 1168.00%1,733,8963.10
≡BRK-B – BERKSHIRE HATHAWAY INC DELAdd 158.00%676,9492.92
≡BRK-B – BERKSHIRE HATHAWAY INC DELAdd 13.00%660.60
≡NVO – NOVO-NORDISK A SAdd 24.00%233,6800.43
≡LPLA – LPL FINL HLDGS INCAdd 7.00%27,9050.13
≡BAM – BROOKFIELD ASSET MANAGMT LTDAdd 30.00%283,0470.10
≡CABO – CABLE ONE INCAdd 9.00%3,900−0.07
≡URI – UNITED RENTALS INCAdd 72.00%6,5000.05
≡FDX – FEDEX CORPAdd 8.00%11,5000.05
≡TGT – TARGET CORPAdd 11.00%12,0000.04
≡FERG – FERGUSON PLC NEWAdd 49.00%19,0000.04
≡TSN – TYSON FOODS INCAdd 12.00%80,0000.04
≡FIX – COMFORT SYS USA INCAdd 1200.00%12,0000.04
≡GPK – GRAPHIC PACKAGING HLDG COAdd 98.00%119,2230.04
≡APD – AIR PRODS & CHEMS INCBuy15,0000.04
≡RNR – RENAISSANCERE HLDGS LTDAdd 17.00%9,5000.03
≡CHH – CHOICE HOTELS INTL INCAdd 37.00%23,0000.03
≡HCA – HCA HEALTHCARE INCAdd 52.00%7,2910.03
≡TMO – THERMO FISHER SCIENTIFIC INCAdd 26.00%5,1000.03
≡MAR – MARRIOTT INTL INC NEWBuy9,0000.02
≡THG – HANOVER INS GROUP INCAdd 6.00%13,0000.02
≡YUM – YUM BRANDS INCBuy16,1520.02
≡ODFL – OLD DOMINION FREIGHT LINE INAdd 115.00%101,0000.02
≡LAMR – LAMAR ADVERTISING CO NEWAdd 24.00%15,0000.02
≡NSP – INSPERITY INCBuy16,8760.02
≡HSY – HERSHEY COBuy9,5000.02
≡UNH – UNITEDHEALTH GROUP INCAdd 46.00%5,1000.02
≡SMG – SCOTTS MIRACLE-GRO COAdd 8.00%12,0000.02
≡UBER – UBER TECHNOLOGIES INCAdd 29.00%13,0000.01
≡KMX – CARMAX INCAdd 13.00%13,0000.01
≡IQV – IQVIA HLDGS INCAdd 10.00%5,1000.01
≡OI – O-I GLASS INCAdd 15.00%70,0000.00